(5h) The ECB is interfering with the democratic processes
Finally, the specialists at the European Central Bank (ECB) had the guts to do what they always wanted to do : QE or Quantitative Easing . Not democratically-elected politicians decided this; no, unelected economists and bankers decided to introduce QE as they know everything about bringing a world economy to its knees so they can profit. Because lowering the interest rates to almost zero over the past years didn't seem to stimulate the economy, QE means 'printing money' by buying the government bonds of Member States in the hope it will stimulate the economy and to prevent inflation turns into deflation. Maybe there are moments QE can be used but only when really necessary and not now when the economy is relatively OK (although doesn't grow as strong as it did in the past as can be expected ) because even economists admit QE (and thus its consequences) is little understood. I even claim politicians and economists should have been preparing the people for decreasing...